Posts Tagged ‘ FOMC ’

The Fed’s June Minutes Keep Mortgage Rates In Rally-Mode

The Fed’s June Minutes Keep Mortgage Rates In Rally-Mode

At 7,333 words, the June Fed Minutes is the unabridged version of the more well-known, post-meeting press release. The corresponding press release was just 360 words. It turns out, the Fed's words are doing wonders for mortgage rates.
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Making A Mortgage Rate Strategy Ahead Of The Fed’s Meeting This Week

Making A Mortgage Rate Strategy Ahead Of The Fed’s Meeting This Week

The Federal Open Market Committee begins a 2-day meeting today, its fourth scheduled meeting of the year, and fifth overall. There's no expectation for the Fed to change the Fed Funds Rate but that doesn't mean consumers should expect mortgage rates to remain unchanged, too.
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What’s Ahead For Mortgage Rates This Week : June 21, 2010

What’s Ahead For Mortgage Rates This Week : June 21, 2010

Last week, rates fell to all-time lows (again) Thursday. By Friday morning, though, pricing was worsening on profit-taking and in preparation for this week -- a week that promises to be heavy on both data and rhetoric.
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A Simple Explanation Of The Federal Reserve Statement

A Simple Explanation Of The Federal Reserve Statement

Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged, in its target range of 0.000-0.250 percent. Mortgage rates are rising this afternoon.
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The Fed Adjourns From A 2-Day Meeting Today And What It Means For Mortgage Rates

The Fed Adjourns From A 2-Day Meeting Today And What It Means For Mortgage Rates

The Federal Reserve adjourns from a scheduled, 2-day meeting today. It's one of 8 scheduled Fed meetings for 2010. Upon adjournment, Fed Chairman Ben Bernanke & Co. will release a formal statement to the market. In it, the Fed is expected to announce "no change" in the Fed Funds Rate. Mortgage...
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What’s Ahead For Mortgage Rates This Week : April 26, 2010

What’s Ahead For Mortgage Rates This Week : April 26, 2010

Mortgage rates rose last week. This week, economic data will be at the forefront, as will the Federal Reserve which meets for one of its 8 scheduled meetings of the year.
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